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Coal India beats own record with largest public issue; govt to get $3.6B for 10% stake

Manufacturing

30 January, 2015

Coal India beats own record with largest public issue; govt to get $3.6B for 10% stake

In the biggest ever disinvestment exercise, the government's 10 per cent stake sale in Coal India on Friday got over ......

SKS Microfinance to apply for 'small finance bank' licence; Q3 profit doubles

General

29 January, 2015

SKS Microfinance to apply for 'small finance bank' licence; Q3 profit doubles

SKS Microfinance today reported nearly two-fold increase in net profit at Rs 41.1 crore for October-December quarter and also said ......

London-listed Alpha Real Trust wins arbitration against Logix's IT SEZ Galaxia in Noida

Infrastructure

29 January, 2015

London-listed Alpha Real Trust wins arbitration against Logix's IT SEZ Galaxia in Noida

London-based investment fund Alpha Real Trust today said it has won an arbitration award on valuation of its investment in ......

Govt unveils draft norms to operate Price Stabilisation Fund

General

28 January, 2015

Govt unveils draft norms to operate Price Stabilisation Fund

The Agriculture Ministry has come out with draft guidelines of the "Price Stabilisation Fund" to be made operationalised this fiscal ......

SBI to raise up to $2.5B through public issue

General

28 January, 2015

SBI to raise up to $2.5B through public issue

State Bank of India (SBI) will raise Rs 15,000 crore through a public offer including rights issue to fund business ......

Govt not to appeal against Bombay High Court order in Vodafone tax case

General

28 January, 2015

Govt not to appeal against Bombay High Court order in Vodafone tax case

To avoid "fruitless litigation" and allay investors' concerns on tax issues, government today decided against appealing a court order that ......

Govt expected to mop up around $4B by selling 10% stake in Coal India on Friday

Manufacturing

28 January, 2015

Govt expected to mop up around $4B by selling 10% stake in Coal India on Friday

The government will sell up to 10 per cent stake in the blue chip Coal India Ltd (CIL) through offer ......

Tata Motors to float up to $1.2B rights issue

Manufacturing

28 January, 2015

Tata Motors to float up to $1.2B rights issue

Auto major Tata Motors plans to raise up to Rs 7,500 crore via rights issue which will be used to ......

Johnson Controls makes delisting offer for Hitachi's Indian appliances arm

Consumer

27 January, 2015

Johnson Controls makes delisting offer for Hitachi's Indian appliances arm

Johnson Controls plans to acquire 25.74 per cent stake in Hitachi Home & Life Solutions (India) Ltd through an open ......

Yes Bank signs MoU with OPIC for $220M loan to back MSMEs

General

27 January, 2015

Yes Bank signs MoU with OPIC for $220M loan to back MSMEs

Yes Bank today singed a pact with OPIC, an arm of the US government's development finance institution, for USD 220 ......